Brenda Schmerl was eager to renovate her bathroom—and, immediately after studying her updates would value around $16,000, had assumed she would finance her project with a household fairness line of credit history, or HELOC. Nonetheless soon after buying all-around for a HELOC, she was stunned to come across this alternative experienced all but disappeared. “The lender in which I have my property finance loan isn’t undertaking them it says so suitable on the web page,” recalls Schmerl, who lives in Brooklyn, NY. “I seemed at some of the other bank internet sites, and it appeared like no 1 is performing them.” Why is that? And, specified handful of owners have…